The housing market in Shishmaref, AK is much lower than the US median value of $338,100. The median value for a house in Shishmaref is currently $121,500. While the US has seen a 1 year appreciation rate of 8.27%, Shishmaref's appreciation rate is much lower at 1.58%. Despite the lower appreciation rate, Shishmaref offers a great opportunity to buy an affordable home with the potential for price growth in the future.
The median home cost in Shishmaref is $121,500. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Shishmaref is up 8.2%.
Average Age of Homes
- The median age of Shishmaref real estate is 38 years old
The Rental Market in Shishmaref
- Renters make up 35.1% of the Shishmaref population
- 0.0% of houses and apartments in Shishmaref, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.